Thoughts on Money

A lot of financial mistakes come from trying to copy people who are different from you.

Risk isn’t a measure of negative consequences. It’s a measure of uncertainty. And the issue with minimizing risk is that while we protect our downside, we prevent ourselves from achieving any sort of meaningful upside. In this way, risk minimization isn’t an insurance policy as much as it is a collar, and the cost of protecting our downside is the... See more

Time matters. So much of the rat race that squeezes your free time means you have to spend loads of money on convenience purchases (woke up too late for the bus, had to take an Uber; no time to make dinner from scratch; etc) but even more importantly, if you do not have ample free time, you cannot learn how to be satisfied.

Being "good with money" means you know how to USE it. Saving money is one use, but it's not the exclusive way to put your money to work for you .

“conventional budgeting methods rely on restriction, discipline, and perfectionism in a way that doesn’t work for people. They ignore an important truth about money: it’s meant to be spent.”